November 30, 2024
[Airline Name]
Attn: [Airline Contact Name]
[Address]
[City], [State] ZIP
RE: 2018 2024 Signatory Lease and Operating Agreement [Agreement No.] (“SLOA IV”)
Seattle-Tacoma International Airport
Dear [Salutation] [Airline Contact Name],
We are on the home stretch of the negotiations for a replacement to the existing SLOA IV.
Our current timeline for the replacement 2025 -2034 Signatory Lease and Operating
Agreement (“SLOA V”) has us requesting approval of the lease template from our
Commission on December 10, 2024. Upon obtaining Commission authorization, the Port
will be issuing execution copies of SLOA V to you for your signature. Our intention is to
send these execution copies as close to the end of December as possible. However, this is
dependent on system access that is currently unavailable due to the cyberattack.
Because of this, we are building additional time into the schedule. Under this revised
schedule, to avoid paying non-Signatory premiums in 2025, you must return your executed
SLOA V to the Port by no later than March 10, 2025. If you meet this deadline, the eective
date of your SLOA V will be January 1, 2025.
If you do not execute a SLOA V by March 10, 2025, then you will be treated as a Non-
Signatory Airline. If you wish to continue operating at SEA, you must deliver an executed
Operating Permit by no later than April 1, 2025 and you will be charged the Non-Signatory
Airline premium eective January 1, 2025. If you elect this route, please reach out to
[Property Manager Name] at [Property Manager email] to request those documents.
To facilitate this extended schedule, we will place all current Signatory Airlines into
holdover status under your SLOA IV agreement until April 1, 2025. We will implement the
2025 rates that were uploaded to the SEA AAAC website on [date] so that rates and charges
8o_attach_1
continue to be invoiced and collected in this interim period where we are awaiting
signatures of the SLOA V documents. Currently Signatory Airlines that become Non-
Signatory Airlines in 2025 will be assessed Non-Signatory premiums for the period January
1-March 31, 2025 through a reconciliation conducted by the Port after April 1, 2025.
This letter shall serve as notice under Article 22 of SLOA IV that you will be in holdover
from January 1, 2025 through March 31, 2025.
If you have any questions or concerns about this, please contact me at
johnson.jason@portseattle.org.
Sincerely,
PORT OF SEATTLE
Jason Johnson
Assistant Director, Airline Aairs and Aviation Properties